Dutch pension funds slash €28bn of Asian investments
Sales and losses have led to allocations to the region falling by more than a fifth in 15 months. Allocations to Japan, and Taiwan were the most affected, according to central bank data.
A combination of sales and losses have seen Dutch pension fund allocations to Asia fall by €27.5 billion ($30.3 billion) since the last quarter of 2021.
Asia allocations by the industry in the first quarter of 2023 totalled €106.6 billion, down from €134.1 billion 15 months earlier, a fall of 21%, according to data from the Netherlands’ central bank DNB.
There were significant sales of equities,including in Asia, in 2022, to achieve rebalancing and to meet margin requirements as…
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